Ripple Unlocks Tokenized US Treasuries via RLUSD

OUSG Launches on XRPL with $30M Locked TVL Ripple's RLUSD is gateway

Ripple's RLUSD is now serving as a gateway to US treasuries as OUSG goes live on XRPL.

Ondo Finance officially launched its flagship tokenized US Treasury product, Ondo Short-Term US Government Treasuries, on the XRP Ledger (XRPL). With this launch, institutional investors on XRPL can now access OUSG, a fully tokenized, blockchain-based offering that exposes them to short-term US Treasuries. The company introduced OUSG, a tokenized U.S. Treasury product that provides onchain access around-the-clock.

"OndoFinance is delivering institutional-grade assets straight to the institutions by introducing Ondo Short-Term US Government Treasuries to the XRPL, giving them access to premium tokenized assets as adaptable treasury management tools," ONDOFinance said

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XRPL offers institutions instant liquidity and compliance tools.

OUSG debuted on XRPL with a remarkable total value locked (TVL) of $30 million. This action strengthens XRPL's position as a centre for institutional-grade financial solutions in addition to broadening OUSG's multi-chain reach, which already covers Ethereum and Solana. Long-standing difficulties in traditional finance are addressed by the XRPLedger integration, which enables intraday settlement and instant access to liquidity.

OUSG Makes Their XRPL Debut with Strong Support

OndoFinance has been leading the way in RWA tokenization with more than $1.3 billion in TVL.  As the first tokenized security to gain widespread usage, OUSG alone has over $690 million. Funds managed by industry titans including FundBridge Capital, Franklin Templeton, BlackRock, and WisdomTree are part of its portfolio.

By adding Ondo Short-Term US Government Treasuries to XRPLedger with Ripple's RLUSD as a settlement option, more people will have access to premium onchain financial products.  It demonstrates our dedication to integrating DeFi and traditional business in a way that consistently benefits institutions," Ian De Bode, Chief Strategy Officer at OndoFinance, said.

Institutional Tokenized Treasury Made Possible by the XRP Ledger

Ripple’s RLUSD is now a settlement option for digital funds. A number of features on the XRPLedger are designed with institutional use in mind. These consist of a decentralised exchange, integrated digital token support, and compliance tools such as Decentralised Identifiers. In order to facilitate early adoption, Ripple and OndoFinance are also offering liquidity.

OndoFinance strengthens XRPL’s role in real-world asset tokenization.

The launch of OUSG on XRP Ledger is a significant milestone in the future of digital finance, as it demonstrates the compatibility of tokenized assets with onchain finances and improves capital efficiency. U.S. treasuries, which have adopted digital token assets like Ondo Short-Term US Government Treasuries, are currently worth over $7 billion in TVL and are breaking records. The Ripple's Ledger is emerging as a top choice for institutional-grade digitaltoken finance due to its real-time usefulness, compliance rails, and trusted assets.

XRP and ONDO Prices Sentiments

The general market attitude has declined in the past 24 hours. XRP has decreased by 1%, while ONDO has experienced a 2.5% loss, currently trading at $0.86. XRP is presently valued at $2.25.The cryptocurrency markets seem optimistic. Despite slight short-term setbacks, ONDOFinance is still gaining legitimacy, and XRP is displaying cautious bullishness on institutional use cases. Watch for additional Ripple's RLUSD-related events and technical breakthroughs.